27.06.2013 Views

Offer to purchase CLEARNET.pdf - About TELUS

Offer to purchase CLEARNET.pdf - About TELUS

Offer to purchase CLEARNET.pdf - About TELUS

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

those documents. <strong>TELUS</strong> recommends that those documents be delivered by hand <strong>to</strong> the Depositary and that a<br />

receipt be obtained or, if mailed, that registered mail, properly insured, be used.<br />

All questions as <strong>to</strong> the validity, form, eligibility (including timely receipt) and acceptance of any Clearnet<br />

Shares deposited pursuant <strong>to</strong> an <strong>Offer</strong> will be determined by the <strong>Offer</strong>ors in their sole discretion, and depositing<br />

Shareholders agree that such determination shall be final and binding. The <strong>Offer</strong>ors reserve the absolute right <strong>to</strong><br />

reject any and all deposits that they determine not <strong>to</strong> be in proper form or that may be unlawful for them <strong>to</strong><br />

accept under the Laws of any jurisdiction. The <strong>Offer</strong>ors reserve the absolute right <strong>to</strong> waive any defect or<br />

irregularity in the deposit of any Clearnet Shares. There will be no obligation on the <strong>Offer</strong>ors, the Dealer<br />

Managers, the Depositary or the U.S. Forwarding Agent or any other person <strong>to</strong> give notice of any defects or<br />

irregularities in any deposit and no liability will be incurred by any of them for failure <strong>to</strong> give any such notice.<br />

The <strong>Offer</strong>ors’ interpretation of the terms and conditions of the respective <strong>Offer</strong>s, the Circular, the Letter of<br />

Transmittal and the Notice of Guaranteed Delivery will be final and binding.<br />

Shareholders whose Clearnet Shares are registered in the name of a s<strong>to</strong>ckbroker, investment dealer, bank,<br />

trust company or other nominee should contact that nominee for assistance in depositing those Clearnet Shares.<br />

Powers of At<strong>to</strong>rney<br />

The execution of a Letter of Transmittal irrevocably appoints and constitutes the Depositary and any<br />

officers of the <strong>Offer</strong>ors and each of them and any other persons designated by the <strong>Offer</strong>ors in writing as the true<br />

and lawful agents, at<strong>to</strong>rneys, at<strong>to</strong>rneys-in-fact and proxies of the holder of the Clearnet Shares covered by such<br />

Letter of Transmittal with respect <strong>to</strong> Clearnet Shares registered in the name of the holder on the securities<br />

registers maintained by Clearnet and deposited pursuant <strong>to</strong> an <strong>Offer</strong> and <strong>purchase</strong>d by the <strong>Offer</strong>ors (the<br />

‘‘Purchased Securities’’), and with respect <strong>to</strong> any and all securities, rights, warrants or other interests accrued,<br />

paid, declared, issued, transferred, made or distributed on or in respect of the Purchased Securities on or after<br />

August 18, 2000, (the last Business Day prior <strong>to</strong> the date of the announcement of the <strong>Offer</strong>s), whether or not<br />

separated from the Clearnet Shares (collectively, the ‘‘Other Securities’’), effective from and after the Effective<br />

Date, with full power of substitution (such powers of at<strong>to</strong>rney being irrevocable), <strong>to</strong>:<br />

(a) register or record the transfer of Purchased Securities and Other Securities on the appropriate<br />

registers;<br />

(b) except as otherwise may be agreed, <strong>to</strong> exercise any and all rights of the holder of the Purchased<br />

Securities including, without limitation, <strong>to</strong> vote, execute and deliver any and all instruments of proxy,<br />

authorizations or consents in respect of all or any of the Purchased Securities, revoke any such<br />

instrument, authorization or consent given prior <strong>to</strong>, on or after the Effective Date, designate in any<br />

such instruments of proxy any person or persons as the proxy or the proxy nominee or nominees of the<br />

depositing holder in respect of such Purchased Securities for all purposes including, without limitation,<br />

in connection with any meeting (whether annual, special or otherwise and any adjournments thereof)<br />

of holders of securities of Clearnet, and execute, endorse and negotiate, for and in the name of and on<br />

behalf of the registered holder of Purchased Securities, any and all cheques or other instruments,<br />

respecting any distribution payable <strong>to</strong> or <strong>to</strong> the order of such holder of Purchased Securities;<br />

(c) execute, endorse and negotiate any cheques or other instruments representing any distribution payable<br />

<strong>to</strong> the holder; and<br />

(d) exercise any other rights of a holder of Purchased Shares and any Other Securities.<br />

A holder of Clearnet Shares who executes a Letter of Transmittal also agrees, from and after the<br />

Effective Date:<br />

(a) not <strong>to</strong> vote any of the Purchased Shares or Other Securities at any meeting of holders of those<br />

securities;<br />

(b) except as otherwise may be agreed, not <strong>to</strong> exercise any other rights or privileges attached <strong>to</strong> any of<br />

those securities; and<br />

(c) <strong>to</strong> execute and deliver <strong>to</strong> the <strong>Offer</strong>ors any and all instruments of proxy, authorizations or consents<br />

received in respect of those securities and <strong>to</strong> designate in any such instruments of proxy, if requested,<br />

16

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!